9. Copenhagen Accord | …the “legal character” of it… (*) extracted from the original communication; for an accurate reference please go to: http://unfccc.int/files/parties_and_observers/notifications/application/pdf/100125_noti_clarification.pdf Yvo de Boer Executive Secretary of the UNFCCC since the 10 th of August 2006 (He will leave the United Nations on 1 July 2010 to join international consulting group KPMG as global adviser on climate and sustainability) (*)
11. Copenhagen Accord | Non Annex-I Countries comm. Afghanistan Armenia Benin Bhutan Botswana Brazil Central African Republic China Congo Costa Rica Côte d'Ivoire Mexico Mongolia Morocco Papua New Guinea Republic of Korea Republic of Moldova San Marino Sierra Leone Singapore South Africa The former Yugoslav Republic of Macedonia Togo Ethiopia Eritrea Gabon Georgia Ghana India Indonesia Israel Jordan Madagascar Maldives Marshall Islands Mauritania These non Annex-I countries have communicated the n ationally appropriate mitigation actions(*) (*) simplified table; for an accurate reference please go to: http://unfccc.int/home/items/5265.php
12. Copenhagen Accord | Non Annex-I Countries comm. China (*) <<… China will endeavor to lower its carbon dioxide emissions per unit of GDP by 40-45% by 2020 compared to the 2005 level, increase the share of non-fossil fuels in primary energy consumption to around 15% by 2020 and increase forest coverage by 40 million hectares and forest stock volume by 1.3 billion cubic meters by 2020 from the 2005 levels…>> EU (*) <<…As part of a global and comprehensive agreement for the period beyond 2012, the EU reiterates its conditional offer to move to a 30% reduction by 2020 compared to 1990 levels , provided that other developed countries commit themselves to comparable emission reductions and that developing countries contribute adequately according to their responsibilities and respective capabilities…>> (*) extracted from original communications; for an accurate reference please go to http://unfccc.int/home/items/5264.php (EU) and http://unfccc.int/home/items/5265.php (China)
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15. After the implementation of 2009/29/EC Start in 2005, Cap via National Allocation Plan Regulatory period and Cap: GHG reduction of 20% (30%) by 2020 vs. 1990 Objective Included: Combustion (>20MW of rated thermal input), Metals industry, and cement clinker, lime, ceramics, glass and paper industry, aviation (from 1/1/2012) Excluded : incineration of waste, biomass-only fired power plants (any size) , “units” < 3MW (any fuel) of rated thermal input Main categories considered Carbon dioxide (CO2), Methane (CH4), Nitrous Oxide (N2O) Hydrofluorocarbons (HFCs), Perfluorocarbons (PFCs) Sulphur Hexafluoride (SF6) GHG considered 1 EUA = EU Allowance, i.e. the right to emit 1 ton CO 2 equivalent Emission permit EU-ETS – How does it work? | The scheme
22. Source: data from EEX – European Energy Exchange EUAs – Market results ? | Spot market trading: last 12 months
23. Source: data from EEX – European Energy Exchange EUAs – Market results ? | Spot market trading: since it started
24. Source: data from EEX – European Energy Exchange Market results ? | Carbon futures trading (MidDec 2010) Second Period European Carbon Futures | MidDec (2010) Prices and trading volumes|2010/05/07|European Energy Exchange
25. Source: data from EEX – European Energy Exchange Market results ? | Carbon futures trading (MidDec 2012) Second Period European Carbon Futures | MidDec (2012) Prices and trading volumes|2010/05/07|European Energy Exchange
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28. For more information, feel free to contact me: Daniele RUSSOLILLO [email_address] Fondazione per l’Ambiente Via Pomba 23, I-10123, Torino, Italy Tel +39 011 571 47 50 Fax +39 011 571 47 51 www.fondazioneambiente.org Thank you for your kind attention | Contacts